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Paypal india News
EBay beats in quarter, PayPal strong; trims 2010 view
PayPal payments ceiling raised to $3,000 per transaction
The Reserve Bank of India (RBI) has allowed PayPal, the eBay Inc-owned US-based online payment platform, to increase the export-related payments to $3,000 per transaction from the earlier $500. In March, the central bank had placed a limit of $500 per transaction for merchants in the country. Subsequently, an increase in the transaction amount prompted RBI to lay down guidelines for payment. Anyone